Linear Gold And Central Sun Mining To Wed
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the months ahead, like the proposed coupling of Linear Gold (LRR-T, LGCFF-O) and Central Sun …
Articles by Northern Miner Staff
Editorial: Miners Limp Across The Finish Line
The last two trading weeks of 2008 were characterized by miners catching their breath and licking their wounds after a brutal past few months.
Odds ‘n’ sods: Friends close and far
One thing that has always amused me during my 40 years in mining is meeting friends in strange places.
U. S. Markets – Dec. 23-Jan. 5
U. S. stock markets were up during the Dec. 23-Jan. 5. trading session, driven chiefly by the end of the tax-loss selling season and by bargain-hunters scooping up beaten-down issues. There was not mu…
Lending Rates (January 12, 2009)
as of 9 a. m. ET. Jan. 6, 2009 (%) Bank of Canada 1.75 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Exchange Rates (January 12, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Jan. 5 Jan. 2 Jan. 1 Dec. 31 Dec. 30 US$ in C$ 1.1914 1.2107 Holiday 1.2246 1.2217 C$ in US$ 0.8393 0.8260 Holiday 0.8166 0….
Business As Usual After Guinea’s Military Coup
It didn’t take long for unrest to take hold in Guinea after the country’s long-serving president was pronounced dead on Dec. 22 and that has meant increased uncertainty for miners in the country.
International Quotes (January 12, 2009)
Australia (A$) Jan 6 Dec 23 Change Bendigo Mining 0.15 0.15 0.00 Kingsgate Cons. 3.53 3.09 0.44 Lion Selection Ltd 0.78 0.73 0.05 Newcrest Mining 31.60 32.40 -0.80 Zi…
First Bauxite’s ‘Huge Vision’
VANCOUVER — There’s a new junior exploring for bauxite, the redcoloured rock that provides the world with aluminum. And the company is no shrinking violet — with support from a major, First Bauxite …
U. S. Department Of Energy Plans Surplus Uranium Sales
The U. S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine years. The sales will total the equivalent of about 59 million lbs. uranium oxide, rea…
TSX Venture Exchange – Dec. 23-Jan. 5
Ringing in the new year, festive investors lifted the S&P/TSX Venture Exchange 131.5 points during the Dec. 23-Jan. 5 trading session. The Venture board had one of its best runs in over a year, re…
Toronto Stock Exchange – Dec. 23-Jan. 5
Rising oil prices and renewed faith in financials helped inject a level of strength in the TSX composite index that investors have not seen for some time. The index gained 12% over the Dec. 23-Jan. 5 …